3 Bed Terraced House, Single Let, Canvey Island, SS8 9SF, £270,000

Lincoln Way, Canvey Island, SS8 9SF - 3 views - 4 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+9 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,300 - £2,000

Rent Estimate

£1,300

Running Costs/mo

£1,124

Cashflow/mo

£176

Cashflow/yr

£2,115

ROI

3%

Gross Yield

6%













Local Rents

10 rents from £1.3K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,55004/250.2 mi-3
£1,39509/240.25 mi-3
£1,77502/250.28 mi-3
£1,35009/240.31 mi3 bedroom Terraced House in Canvey Island3
£1,30009/240.32 miSecond Avenue, Canvey Island3
£1,30009/240.39 mi119 First Avenue 3
£1,40003/250.41 mi-3
£2,00009/240.47 miHawkesbury Road, Canvey Island3
£1,40001/250.53 mi-3
£1,30009/240.53 miStanford Road, Canvey Island3

Local Area Statistics

Population in SS8

38,134

Population in Canvey Island

38,138

Town centre distance

0.64 miles away

Nearest school

0.30 miles away

Nearest train station

1.41 miles away

 

 

Rental growth (12m)

+72%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £270,000

December 26, 2024

Sold for £271,500

2019

Floor Plans

Description

  • NO ONWARD CHAIN +
  • AMPLE OFF STREET PARKING +
  • INTEGRAL GARAGE +
  • EXTENDED TO THE REAR +
  • SECLUDED REAR GARDEN +
  • THREE WELL APPOINTED BEDROOMS +
  • FOUR PIECE BATHROOM SUITE +
  • DINING ROOM +
  • CONSERVATORY +
  • PORCH +

This home offers a fantastic blend of space, comfort, and convenience, making it ideal for families.

The property benefits from off-street parking and an integral garage, providing ample parking and storage. Inside, the spacious lounge flows into a separate dining room, creating a great space for family living and entertaining. The fitted kitchen is functional and well-appointed, while the conservatory provides an additional bright and airy living space, ideal for relaxation or a home office.

Upstairs, you'll find three spacious bedrooms, each offering plenty of room for your family’s needs. The family bathroom is a luxurious four-piece suite, providing plenty of space for everyone.

Externally, the property boasts a large secluded rear garden, offering a peaceful retreat. The garden backs onto Canvey Lake, providing a serene spot for family walks and enjoying nature.

This property is perfect for those seeking a family home with excellent local amenities, transport links, and a tranquil outdoor space. Contact us today to arrange a viewing!

Agent Details

Anthony Quirk, Canvey Island

01268 203943

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪